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Lenovo Reports 64% Profit Decline in Fourth Quarter

Summary by Business Times
China’s Lenovo, the world’s largest personal computer manufacturer, on Thursday reported a worse-than-expected 64 per cent fall in fourth-quarter profit, which it said was mostly due to a non-cash decline in the value of warrants.
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Chinese company Lenovo, a leading supplier of laptops and PCs, reported its fourth fiscal quarter. Profit for the period fell by 64% year-on-year, and this result is much worse than forecasts.

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Business Times broke the news in on Thursday, May 22, 2025.
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